Best Renters Insurance in Dallas

If you’re one of the nearly 1.2 million people who rent homes in Dallas, you might need to get renters insurance.

Dallas is known for its Cowboys, Mavericks, and barbecue. If you’re one of the nearly 1.2 million people who rent homes in Dallas, you might need to get renters insurance.

Renters insurance protects your personal property from damage or loss, including from theft, vandalism, and arson. Dallas residents take a lot of pride in all their city has to offer, but an inexpensive renters insurance policy can also give you peace of mind.

Best renters insurance companies in Dallas

INSURANCE COMPANY

MONTHLY COST - $500 DEDUCTIBLE

MONTHLY COST - $1,000 DEDUCIBLE

State Farm

$20.08

$18.92

Allstate

$28.99

$26.89

Travelers

$21.00

$19.00

Stillwater

$12.92

$11.33

Lemonade

$12.34

$10.42

Methodology: We pulled renters insurance quotes online from five of the most popular insurance companies: State Farm, Lemonade, Allstate, Travelers and Stillwater. Quotes were for policies with $500 and $1,000 deductibles for a 30-year-old male apartment renter. We deferred to the most comparable coverage amounts when identical policies were unavailable.

STATE FARM

ALLSTATE

TRAVELERS

STILLWATER

LEMONADE

Property Coverage

20,000

20,000

30,000

20,000

20,000

Liability Coverage

100,000

100,000

100,000

100,000

100,000

Medical payments to others

1,000

1,000

1,000

2,000

1,000

Understanding renters insurance quotes

Renters insurance coverage is more than just protecting your personal property. Here’s a rundown of the basic components of a policy when you're comparing renters insurance rates.

Property coverage: Reimbursement for destroyed, damaged, lost or stolen property.

Liability coverage: Covers legal costs in the event that you’re sued if someone is injured in your home.

Medical payments to others: Covers medical costs in the event that you’re sued if someone is injured in your home.

Is renters insurance legally required in Dallas?

Renters insurance is not required by law in Dallas. However, your landlord can require you to take out a renters insurance policy as a condition of your lease.

Luckily, you can get renters insurance for less than $15 per month. The average cost of renters insurance is about $19 per month for a policy with a $500 deductible and a little more than $17 per month for policy with a $1,000 deductible.

Policygenius’ editorial content is not written by an insurance agent. It’s intended for informational purposes and should not be considered legal or financial advice. Consult a professional to learn what financial products are right for you.

Yes, we have to include some legalese down here. Read it larger on our legal page. Policygenius Inc. (“Policygenius”) is a licensed independent insurance broker. Policygenius does not underwrite any insurance policy described on this website. The information provided on this site has been developed by Policygenius for general informational and educational purposes. We do our best efforts to ensure that this information is up-to-date and accurate. Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application. Savings are estimated by comparing the highest and lowest price for a shopper in a given health class. For example: for a 30-year old non-smoker male in South Carolina with excellent health and a preferred plus health class, comparing quotes for a $500,000, 20-year term life policy, the price difference between the lowest and highest quotes is 60%. For that same shopper in New York, the price difference is 40%. Rates are subject to change and are valid as of 2/17/17.